Turkey’s Inflation Crisis: Experts Predict Peak Near 75%

Turkey is on the brink of overcoming its inflation crisis, with experts predicting a peak close to 75% before a deceleration in price growth. President Recep Tayyip Erdogan’s re-election has led to a shift towards more conventional economic strategies, aiming for inflation to align with forecasts. However, some experts are cautious about the ambitious target of 38%, with concerns that deviation could lead to further rate hikes.